NCLT clears Suraksha Realty’s takeover of Jaypee Infratech The National Company Law Tribunal (NCLT) on March 7, 2023, approved Suraksha Group’s bid to buy Jaypee Infratech. The approval by the tribunal comes as … READ FULL STORY
Additional solicitor general Madhvi Diwan, on July 11, 2019, informed the Supreme Court that the centre was working on a uniform proposal, to address various grievances of aggrieved home buyers and it would be … READ FULL STORY
Crisis-hit Jaypee Group will have to clear dues of Rs 108 crores by the end of 2018, or otherwise, it may lose the land allotted for its Formula One Buddh International Circuit and Jaypee … READ FULL STORY
Banks and financial institutions (FIs), which have lent money to Jaiprakash Associates Limited (JAL), on July 17, 2018, urged the Supreme Court that the assets of holding firm JAL, should not be used for … READ FULL STORY
A Supreme Court bench headed by chief justice Dipak Misra, was informed by senior advocate Fali S Nariman, on July 16, 2018 that Jaiprakash Associates Limited (JAL) has already deposited Rs 750 crores with … READ FULL STORY
Maintaining that it was ‘fully committed’ to construct homes and make payments to home buyers for the delay in handing over possession, Jaiprakash Associates Ltd (JAL) has also sought the constitution of a committee, … READ FULL STORY
The Supreme Court, on April 16, 2018, directed realty firm Jaiprakash Associates Limited (JAL), to deposit Rs 100 crores with its registry, by May 10, 2018. The bench, headed by chief justice Dipak Misra, … READ FULL STORY
A Supreme Court bench headed by chief justice Dipak Misra, on March 21, 2018, asked real estate firm Jaiprakash Associates Limited (JAL) to deposit Rs 100 crores by April 6, 2018 and another Rs … READ FULL STORY
Jaiprakash Associate Limited (JAL), which had so far deposited Rs 425 crores with the apex court registry, has deposited the remaining amount of Rs 125 crores, on January 25, 2018, as per the earlier … READ FULL STORY
The Supreme Court, on January 10, 2018, directed realtor Jaiprakash Associate Limited (JAL) to give details of its ongoing housing projects in the entire country, while reiterating its direction that its directors shall not … READ FULL STORY
The Supreme Court, on December 15, 2017, granted time till January 25, 2018, to the embattled real estate firm Jaiprakash Associate Limited (JAL), to deposit Rs 125 crores more, for safeguarding the interests of … READ FULL STORY
A Supreme Court bench, headed by chief justice Dipak Misra, on November 6, 2017, refused to allow Jaypee Associates to deposit to Rs 400 crores, saying that the amount was a paltry sum and … READ FULL STORY
